Showing 1 - 10 of 127
equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …
Persistent link: https://www.econbiz.de/10005124935
This paper reassesses the long-run relation between nominal interest rates and inflation using German data. It shows … adjusting to changes in inflation, can be attributed to the particular time series behavior of inflation and interest rates … bivariate system of inflation and interest rates depends on the level of the variables and should be modeled as a thresh …
Persistent link: https://www.econbiz.de/10005126206
and population welfare been suffering of both a persistent and high inflation during the four first years of its young … cointegration test, we assert that between January 1992 and November 1995, the Ukraine was faced with a complex monetary regime in … inflation is contained but wages and pensions arrears increase quickly. Such a situation is not sustainable in the short and we …
Persistent link: https://www.econbiz.de/10005407979
Using a macroeconometric framework, this paper analyses relationships among money, barter and inflation in Russia … open economy macro model, we estimate our model using structural cointegration and vector error correction methods. Our … to capture all the relevant information for inference on money and inflation in Russia. …
Persistent link: https://www.econbiz.de/10005412642
equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …
Persistent link: https://www.econbiz.de/10005556635
This paper discusses the econometric model of inflation processes in the Republic of Belarus which makes it possible to … econometrics: cointegration analysis and error-correction models. The model has good statistical properties, it demonstrates …
Persistent link: https://www.econbiz.de/10005561160
the owners in the management. Family firm is the most common form of business in Greece. Hence, the governance structures … explore the main aspects of CG of family-owned listed companies in Greece. For this purpose, we apply a specific CG rating … on the current state of corporate governance in Greece. Each firm is rated among the 120 total number of companies (both …
Persistent link: https://www.econbiz.de/10005076961
We examine the transmission process of the policy rate to the lending and deposit rates in Greece for the period 1996 …-2004 within bivariate cointegration and error correction framework. A significant structural break takes place with the accession … of Greece into EMU in 2001. The bank rates become much more responsive to the policy rate in terms of impact multipliers …
Persistent link: https://www.econbiz.de/10005125020
present the main aspects of corporate governance in Greece, contributing to the relevant growing body of literature, and (ii …) to place the current corporate governance developments and trends in Greece within the international debate, especially … governance debate and its implication at the EU level. Secondly, I describe the corporate governance framework in Greece in the …
Persistent link: https://www.econbiz.de/10005561586
One strand of the recent literature on the monetary transmission process has focued upon the weak empirical evidence of a liquidity effect in the U.S. This study uses structural VAR methods to reexamine the liquidity effect.
Persistent link: https://www.econbiz.de/10005076847